Mandalay Resources Announces Normal Course Issuer Bid
TORONTO, Feb. 23, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for a portion of its common shares ("Common Shares").
- TORONTO, Feb. 23, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or "the Company") (TSX: MND) (OTCQB: MNDJF) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to make a normal course issuer bid ("NCIB") for a portion of its common shares ("Common Shares").
- Mandalay may begin to purchase Common Shares on or about February 27, 2024.
- The price that Mandalay will pay for any Common Shares will be the market price of such Common Shares at the time of acquisition.
- Any Common Shares that are purchased under the NCIB will be cancelled upon their purchase by Mandalay.